David Orazietti, Member of Provincial Parliament (MPP) for Sault Ste. Marie, has announced the Ontario provincial government’s approval of a $1,875,000 loan to Heliene Canada to launch a solar module manufacturing plant in the city. The financing is in accordance with the Green Energy Act – an ambitious bill designed to create a sustainable electricity system in the Canadian province. The loan will be disbursed to Heliene Canada through the Northern Ontario Heritage Fund Corporation (NOHFC).
In addition to the loan, NOHFC also awarded a $625,000 grant to Heliene Canada as part of its Enterprises North Job Creation program. Once operational, the manufacturing plant will yield 36 new jobs to Ontario residents with the requisite solar energy training.
Ontario Economy to Benefit from the Loan
According to Orazietti, the government’s commitment to renewable energy helps create a stronger, more diversified Ontario economy. He says, “By supporting Heliene Canada, a value-added manufacturing
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